Netflix reports second-quarter earnings after the closing bell Thursday. Wall Street analysts surveyed by LSEG expect earnings per share of $7.08 and revenue of $11.07 billion. Executives will hold an investor call at 4:45 p.m. ET. Cheng Xin | Getty Images
Netflix is due to report second-quarter earnings after the closing bell Thursday.
The streaming service is no longer offering investors quarterly subscriber updates, but Wall Street will be keen to hear how recent price hikes and the platform’s growing advertising tier are faring — especially as businesses across all sectors grapple with consumers tightening their purse strings.
Here’s what Wall Street expects for the company’s most recent quarter:
Earnings per share: $7.08, according to LSEG Revenue: $11.07 billion, according to LSEG
These results would signify earnings growth of 45% year over year and a more